Somers at a glance
1,741
People
$1,205,000
Median sale
$503/wk
Median rent
2.17%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
VIC › Somers › Miramar Rd
4
Bedrooms
2
Bathrooms
3
Car spaces
920 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Somers (last 5 years) with land size have a median of $1,284/m² of land (n=82). Districts calculation from recorded sales — not a valuation.
Somers at a glance
1,741
People
$1,205,000
Median sale
$503/wk
Median rent
2.17%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $503/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Somers at a glance
1,741
People
$1,205,000
Median sale
$503/wk
Median rent
2.17%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Coast Real EstateHere's a commanding beachside position and a magnificent four bedroom family home that will invoke all your senses and bring wellbeing, vitality and a new zest for life.
So cleverly designed to allow family living / entertaining on both levels where you either enjoy the bay views out across the main deck or sit amongst the lush, native gardens by the spa and rear terrace. In fact, it's extremely hard to find a room without a magic view or access to the decks.
The main open plan living / dining has large format doors to the beachside deck and the rear deck gives you plenty of options to savour the delights that come out of the gourmet kitchen, with super-sized stone kitchen island bench / breakfast bar, butler's pantry, 5 burner gas cook top, double oven, pot draws and storage galore.
Taking in the water views and easy access to the beachside deck the deluxe main bedroom is fully fitted with walk-in-robes and luxury ensuite with double vanity and double shower, while three additional bedrooms or an upper nursery or home office, a beautifully appointed family bathroom with generous sized tub, two powder rooms and a host of extras fixtures and fitting accommodates everyone.
Beautifully designed and fully maintained landscaped grounds combines the best of native shrubs and coastal / cottage flowers to highlight the contrasting rock and pebble boarders.
All this and more are just across the road from the beach access through the Western Park reserve to the stunning South Beach and the dog friendly stretch out to the tip of Sandy Point.
Features Include
* Open plan living with water views, separate family room and decks front and rear.
* Double glazing throughout, plantation shutters and quality curtains and blinds.
* Shade blinds to sunrise and sunset decks and main bedroom
* Ducted heating and cooling, gas log fire, ceiling fans, feature light fittings and alarm
* Double garage with workshop / gym, storage cabinets and adjoining wine cellar.
* Land 920m2 approx. General Residential Zone.
For details on this property and to arrange inspections, please contact The Coast Real Estate theCoast.com.au PH 03 59831980 or Jackie Wright on 0428 554 267 jackie@thecoast.com.au
Please read our Covid Safe Health & Wellbeing at Property Inspections.
NOTE: PR* - Price Ranger Incorporates the estimated selling price, the vendor's price and the likely market price of this property.
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.